
$445,000
707 68th TerraceGainesville, FL 32607
Listing updated: October 20, 2026 at 3:07 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Income producing opportunity for first time investors using FHA & VA or seasoned investors!! This 4 unit multifamily property features four townhouse-style units, each offering 2 bedrooms, 1.5 bathrooms, and approximately 900 square feet of living space. Current monthly rents for occupied units is $1200 per month. Additional features include a 2018 asphalt shingle roof, 3 yr old HVAC systems (3 units), 4-5 yr old water heaters, tenant paid utilities, and no HOA. Conveniently located near major hospitals, public transportation, schools, daycare centers, and shopping. Call today to schedule!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveOct 20, 2026
- Listed$445,000Oct 19, 2026
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Cedar Ridge
- County
- Alachua
- Year built
- 1981
- Living area
- 3,600 sq ft
- Price/sq ft
- $124
- Lot size
- 12,197 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $8,752 (2025)
- Parcel #
- 06655-053-017
- Zoning
- R-3
- MLS #
- GC544137
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Interior Details
- Bedrooms
- 8
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Laundry
- Inside, Laundry Closet
- Stories / Levels
- Two
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 0
- Parking features
- Assigned
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, Other, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Private Mailbox
- Construction materials
- Block, Other, Wood Siding
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
Listing Details
- Listing date
- 2026-10-19
- On market date
- 2026-10-19
- Original list price
- $445,000
- Occupant type
- Tenant
- MLS area
- 32607 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-10-20
- Tax legal description
- CEDAR RIDGE PB K-8 LOT 17 BK C OR 5186/2191
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
At the intersection of W Newberry RD & Tower RD (SW 75th ST) travel south on Tower Rd. Left on SW 8th Ave. Left on SW 67th Terr. Left on SW 68th Terr and follow to property on left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of October 20, 2026 at 3:07 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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